3 Dec 2009
SANYUAN GROUP LTD v. THE STOCK EXCHANGE OF HONG KONG LTD
- Citation
- SANYUAN GROUP LTD v. THE STOCK EXCHANGE OF HONG KONG LTD
- Court
- Court of Final Appeal
- Case number
- FAMV52/2009
Leave to appeal was refused because the Exchange was not legally required to specify abstract objective benchmarks under LR13.24; it was entitled to assess the applicant's own proposal against its resources and the information before it, and the failure to lay down general benchmarks did not constitute procedural unfairness; the proposed appeal was not reasonably arguable.